Marshall Bernes - 27 Dec 2024 Form 4 Insider Report for GigaCloud Technology Inc (GCT)

Signature
/s/ Lei Wu, Attorney-in-fact
Issuer symbol
GCT
Transactions as of
27 Dec 2024
Net transactions value
+$87,500
Form type
4
Filing time
31 Dec 2024, 06:34:45 UTC
Previous filing
21 Nov 2024
Next filing
11 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCT Class A Ordinary Shares, par value $0.05 per share Purchase $87,500 +5,000 +12% $17.50 45,000 27 Dec 2024 By Family Trust F1
holding GCT Class A Ordinary Shares, par value $0.05 per share 16,000 27 Dec 2024 By Trustee of Profit Sharing Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are directly owned by the Marshall R. Bernes Family Trust ("Family Trust"). The Reporting Person is the settlor and a co-trustee of the Family Trust and, in such capacity, may be deemed to indirectly beneficially own the securities owned by the Family Trust.
F2 Shares are directly owned by the Marshall R. Bernes, M.D., Inc. Profit Sharing Plan ("PSP"), a retirement trust for which the Reporting Person serves as a trustee. The Reporting Person disclaims beneficial ownership of the securities owned by the PSP, except to the extent of his pecuniary interest in the PSP. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purposes.